General Investing >> Money Manager Interviews >> July 7, 1997
RICHARD T. PARA is Senior Market Analyst at Preferred Technology, Inc.
After attending Engineering school and serving in the Military, Richard
joined the family business in 1957, where his responsibilities were
office management and sales. In 1962 he became a partner in the
formation and operation of a paper cup manufacturing company, which was
later sold in 1965. In 1965, he joined Merrill Lynch, Pierce, Fenner and
Smith as an Account Executive. During his career with Merrill Lynch,
besides the handling of retail and institutional clients, other areas of
responsibility included acting as bond coordinator and retail equity
coordinator. Technical analysis of stocks and the stock market was done
within the local office environment. After leaving Merrill Lynch in
1990, he traded the Standard and Poors 500 Futures and later became a
Commodity Trading Advisor, specializing in financial futures trading. In
1994, he formulated and wrote a stock market investment training course;
and, in 1995, he joined Preferred Technology, Inc. as their Senior
Market Analyst, writing a weekly market report and daily market reports
on the Preferred Technology Internet web site. Richard has been a family
man since 1961. His wife of 36 years, Joyce, is a licensed secondary
teacher. They have two children: Pamela, a Registered Nurse and
Healthcare Consultant; Daniel, a Physician and General Surgeon; and a
six-weeks old granddaughter, Maya Joy. Profile
or a profile of your firm.
Mr. Para: Preferred Technology deals mainly with institutional floor
traders who trade
